The DoubleZero Protocol, known for its blockchain infrastructure focus, is now launching a validator funding round. This initiative aims to sell token-purchase agreements for its native token to prospective validators.

The funding round will be open from April 2-10 on the CoinList platform, marking the first public token sale in the U.S. since 2019 for accredited investors. Only validators from high-throughput networks like Solana, Celestia, Sui, Aptos, and Avalanche can apply.

Validators will submit bids based on token pricing and budgets, which will be aggregated for a final sale price. The move targets a mainnet launch in the second half of 2025, following a $28 million fundraising. Multicoin Capital and Dragonfly Capital led this round.

The technology plans to enhance blockchain speeds, using fiber optics, similar to the shift from dial-up internet to broadband in the early 2000s.